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[h=1]Phil Ivey to Join California Indian Tribe in Online Gaming Venture[/h]
By Steve Larson
Tuesday, July 9th, 2013
Home » Poker News » Phil Ivey to Join California Indian Tribe in Online Gaming Venture
Phil Ivey to Team Up with Pala Indian Tribe
Rumors surfaced this week that the so-called “Tiger Woods of poker,” Phil Ivey, has made an agreement with a southern California indian tribe to be the face of their Internet gaming venture.
Ivey is set to team up with the Pala Indian Tribe, which runs one of California’s most successful tribal casinos. The Pala Casino Resort and Spa is located just outside the city of San Diego. Also slated to participate in the new venture is Jim Ryan, formerly the chief executive officer of bwin.party.
Online gambling not yet regulated in California
While online gambling has not yet been regulated in the state of California, draft legislation has been proposed. Should California move to legalize online betting, it would become by far the largest market in the United States. So far only three states have legalized some type of Internet wagering, those states being Delaware, New Jersey, and Nevada, all of which are fairly small in terms of population.
Should regulation go through in the Golden State, the Pala venture, known as Pala Interactive, could eventually also offer real-money online gambling to residents of other states permitting an interstate compact is in place.
[h=1]Phil Ivey to Join California Indian Tribe in Online Gaming Venture[/h]
By Steve Larson
Tuesday, July 9th, 2013
Home » Poker News » Phil Ivey to Join California Indian Tribe in Online Gaming Venture
Phil Ivey to Team Up with Pala Indian Tribe
Rumors surfaced this week that the so-called “Tiger Woods of poker,” Phil Ivey, has made an agreement with a southern California indian tribe to be the face of their Internet gaming venture.
Ivey is set to team up with the Pala Indian Tribe, which runs one of California’s most successful tribal casinos. The Pala Casino Resort and Spa is located just outside the city of San Diego. Also slated to participate in the new venture is Jim Ryan, formerly the chief executive officer of bwin.party.
Online gambling not yet regulated in California
While online gambling has not yet been regulated in the state of California, draft legislation has been proposed. Should California move to legalize online betting, it would become by far the largest market in the United States. So far only three states have legalized some type of Internet wagering, those states being Delaware, New Jersey, and Nevada, all of which are fairly small in terms of population.
Should regulation go through in the Golden State, the Pala venture, known as Pala Interactive, could eventually also offer real-money online gambling to residents of other states permitting an interstate compact is in place.
